Renzo Luna

Renzo Luna

Associate
Estudio Echecopar

Biography

Renzo focuses on capital markets, financial system and private pension system regulation. He had participated in private and public transactions of debt and equity in local and international markets. His experience also includes answering queries related to the stock market, financial and pension system, and the processing in first and second instance of disciplinary proceedings initiated by the of the Securities Market (SMV) and the Superintendency of Banking, Insurance and Pension Funds (SBS). During his professional experience in the SMV, he participated in teams that developed the recent regulatory changes.

Representative Legal Matters

  • Advised on the public offering of USD 278 million aggregate principal amount in bonds issued by Fondo MIVIVIENDA in Switzerland (2014).

  • Advised on the public offering of S/ 10.5 (approximately USD 3.2 million) in corporate bonds by EDPYME Inversiones La Cruz S.A. under its First Corporate Bond Program for S/. 25 million (approximately USD 7.5 million) (2014).

  • Assisted in the registration of Consorcio Transmantaro S.A.'s Second Corporate Bond Program for USD 500 million (2015).

  • Advised on the public offering of S/. 70 million (approximately USD 21 million) in corporate bonds by Cosapi S.A. under its First Corporate Bond Program for S/ 100 million (approximately USD 30 million) (2015).

  • Assisted in the registration of EnerSur's Second Corporate Bond Program for USD 500 million (2015).

  • Advised on the acquisition of Inversiones Magallanes by Talanx International.

  • Participated in the development of draft rules and regulations issued by the Superintendency of Securities: Stock Market Promotion Law (2013), Regulation for Centralized Mechanisms for Negotiating Public Debt Securities and Derivatives thereof (2013), Market Regulation for Institutional Investors (2013), Amendment to Rules of Initial Public Offering and Sale of Securities (2013), Manual for the fulfilment of the requirements for primary public offerings of bonds and short-term instruments in the Alternative Securities Market (MAV) (2013), Amendment to Mutual Funds Regulations and their Management Companies (2013), Amendment to Regulation Agent Brokerage (2012), Registration Regulation and Exclusion of Securities in the Public Registry of Stock Market and Trading floor (2012), Regulation of the Alternative Securities Market (2012), Amendment to the Regulations of Price Suppliers Companies (2012) and Regulations against Market Abuse – Regulations on misuse of Inside Information and Market Manipulation (2012).

  • Advised a syndicate of banks on Petroleos del Peru – Petroperu's USD 1.3 billion syndicated loan. The proceeds will be used to finance the development of Talara’s oil refinery plant. Petroleos del Peru – Petroperu S.A. engages in transporting, refining, distributing, and marketing fuels and other petroleum derived products in Peru. The Talara Oil Refinery will increase of its production capacity from approximately 62,000 BPSD to approximately 95,000 BP. This transaction was recognized as the “Latin America Downstream Oil & Gas Deal of the Year 2019” by IJGlobal.

  • Advice Corporacion Transmantaro S.A. in connnection with the offer of its 4.700% Senior Notes due 2034 for an aggregate principal amount of US$400,000,000 under Rule 144A and Regulation S of the Securities Act of 1933. This notes offering has been the first ever international corporate green bond issuance made by a Peruvian company under Rule 144A and Regulation S of the Securities Act of 1933. The use of net proceeds of the offering (after deduction of certain fees, expenses and commission) is to finance and refinance eligible green projects to increase and facilitate the transmission of renewable energy with the goal of supporting the transition to a low carbon Peruvian society.

     

     

Professional Associations and Memberships

  • Lima Bar Association

Admissions

  • Peru (2011)

Education

  • Escuela de Administracion de Negociacion ESAN (Master's Degree in Finance and Corporate Law with honors and public recognition as best thesis) (2013)
  • Escuela de Administracion de Negociacion ESAN (Specialization Program in Public Utilities) (2012)
  • Escuela de Administracion de Negociacion ESAN (Specialization Program in Investment Banking) (2011)
  • Universidad Nacional de San Agustin de Arequipa (Law Degree with honors) (2010)
  • Universidad Peruana de Ciencias Aplicadas (Specialization Course in Stock Market) (2009)
  • Pontificia Universidad Católica del Perú (Specialization Course in Corporate Law: Mergers and Acquisitions) (2009)